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Property taxes are low in comparison to the US and Canada, home maintenance, and utilities are also far more inexpensive, most areas of Mexico have great weather year round which makes it an ideal location for individuals who are considering retiring abroad. Consideration, research and thought should all be taken regarding the infrastructure of the area you are considering. Many areas have shopping, medical services and other amenities that compete with that offered in the US. This guide will walk you through each of the major considerations regarding such an important transaction and hopefully give you a basis for making good home purchasing decisions. If you're considering the purchase of property in Mexico, you will need to undertake extensive research, choose your location and property very carefully, and ensure that you hire the right professionals and that the letter of the law is followed. Thousands and thousands of foreigners have successfully purchased land and property in Mexico. With the right approach and plenty of homework, there is no reason why you should not become one of them. While this guide focuses on Cabo San Lucas and the State of Baja California Sur, these guidelines are consistent with any Mexican real estate purchase. |